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Ginkgo Bioworks to go public in a $15B SPAC deal

The deal values the company at $15 billion or 24.1x 2024E revenues. The deal is expected to close in the third quarter of 2021. Ginkgo Bioworks, a biotech company based in Boston, announced that it will go public via a merger with Soaring Eagle Acquisition Corp. (SRNG), a special purpose acquisition vehicle (SPAC), in a deal that gives the company a pre-money equity valuation of $15 billion. The company expects to receive proceeds of $2.5 billion as part of the deal. Shares of Soaring Eagle Acq...
United States Barry Canton Tom Knight Reshma Shetty Austin Che Baillie Gifford
Source: invezz.com

Ginkgo plans a $17.5 billion merger with SPAC that took DraftKings public

Ginkgo plans a $17.5 billion merger with SPAC that took DraftKings public Jonathan Saltzman © Scott Eisen Jason Kelly, cofounder and chief executive of Ginkgo Bioworks. Ginkgo Bioworks, one of the hottest biotech startups in Massachusetts, said Tuesday that it plans to go public through a $17.5 billion merger with a so-called blank check company backed by Harry Sloan and Jeff Sagansky, the veteran media industry executives who helped take the Boston sports-betting company Dra...
United States United Kingdom Marine Industrial Park Massachusetts Institute Of Technology Jeff Sagansky Raymondl Flynn
Source: msn.com

Michigan Online Gaming Take is Already Trending Towards a Massive

Just how amazing has the start to online gambling and sports betting been in Michigan? Well, after just two months, the Great Lakes State is set to blow past Pennsylvania and into second in the revenue charts, which would leave only New Jersey left in its sights. In March alone, the online casinos in Michigan brought in $95.1 million in receipts, which was third in the county, just behind Pennsylvania ($97.7 million). But Michigan has a long way to go to catch the current king of gambling, Ne...
United States Great Lakes New Jersey Morgan Evans Lebron James Clint Black
Source: wjimam.com

Find fun family vacation vibes at South Padre Island this year

Find fun family vacation vibes at South Padre Island this year Find fun family vacation vibes at South Padre Island this year Photo courtesy of South Padre Island Its a safe place for your family to visit. Photo courtesy of South Padre Island Fun, sun, and safety — everything youre looking for in a summer vacation. Photo courtesy of South Padre Island If youre thinking about a vacation this summer (and who isnt?) but still have COVID concerns, your solution may be closer than you think. S...
South Padre Island United States Laguna Madre Isla Blanca Copa Inn Beach Hotel Padre Island

Soaring Eagle Casino Announces Summer Job Fair

Soaring Eagle Casino Announces Summer Job Fair The job fair will focus on hiring seasonal workers to staff their 2021 summer concert series. The upcoming Summer Series Job Fair will be held on Tuesday, April 20th from 11 a.m. to 3 p.m. and from 5 p.m.to 8 p.m. at Soaring Eagle Casino & Resort Ballrooms located at 6800 Soaring Eagle Boulevard in  Mt. Pleasant. Get our free mobile app The team at Soaring Eagle will be doing on-the-spot interviews and plan to hire the right candidates on Tuesday ...
Keith Urban Wiz Khalifa Luke Bryan Hr Department Soaring Eagle Casino Summer Series Job Fair

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(SRNGU), (BLI) - Ginkgo Bioworks, Which Prints DNA And Creates Genetically Modified Food, Exploring SPAC Deal: Report

Share: One of the largest SPACs seeking a target could be nearing a $20 billion deal to bring one of the largest privately-held biotechnology companies public. The SPAC Rumor: Bloomberg reports Ginkgo Bioworks is in talks with Soaring Eagle Acquisition Corp (NASDAQ: SRNGU), a SPAC led by Harry Sloan and Jeff Sagansky. The duo has completed several SPAC deals including DraftKings Inc (NASDAQ: DKNG) and Skillz Inc (NYSE: SKLZ). Ginkgo was valued at $4 billion in a 2019 funding round, according...
Jeff Sagansky Masayoshi Son Richard Branson Bill Gates Joyn Bio Baillie Gifford

(SRNGU), ADVANCED CELL TECH (ACTC) - 3 Undervalued SPAC Picks From The Spac Guru

Share: Spac Guru, a well-known name in the SPAC space, joined SPACs Attack last week to share thoughts on the overall SPAC market. Spac Guru also shared three undervalued SPAC picks with viewers of the show. Soaring Eagle Acquisition Corp (NASDAQ: SRNGU) : A SPAC still trading in units is the largest SPAC holding for Spac Guru. As a SPAC,  Soaring Eagle has raised more than $1 billion. The SPAC comes from Jeff Sagansky and Harry Sloan, who are the team behind taking Draftkings Inc (NASDAQ...
Jeff Sagansky Spencer Rascoff Gary Vaynerchuk Rob Striar Harry Sloan Matt Higgins

Health department holding clinics to vaccinate indigenous residents

Health department holding clinics to vaccinate indigenous residents     SAGINAW, Michigan (WNEM) — Thousands of indigenous residents in mid-Michigan have gotten a COVID-19 vaccine due to a partnership between the Saginaw Chippewa Indian Tribe and Central Michigan District Health Department. Ever Tuesday and Thursday since mid-January the health department has held vaccination clinics at the Soaring Eagle Casino. So far, they have held 10 clinic and gotten 2,823 vaccines administered. “...
United States Steve Hall Saginaw Chippewa Gaming Enterprises Central Michigan District Health Department Saginaw Chippewa Indian Tribe Central Michigan District Health

Shinedown, Pop Evil to Play 'Socially Distanced' MI Concert

Shinedown, Theory of a Deadman, and Pop Evil have announced an outdoor, socially distanced concert at Soaring Eagle Casino this summer. According to a social media post from the bands, the show is August 6, 2021 in Mt. Pleasant. Doors open at 5p.m. and concert starts at 7p.m. Get our free mobile app Hopefully the show will be able to happen-- There are things up in the air still with large gatherings, and it will depend on the percent of people who are able to be vaccinated by that time. Anoth...
United States Ethan Miller Zach Myers Smith Myers Brent Smith Pop Evil
Source: wgrd.com

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